3p Daily: Will Carbon Capture Technology Be the New Answer for Energy Production? and more…

3p Daily: Will Carbon Capture Technology Be the New Answer for Energy Production? and more…

“All the new hype about CO2 capture from the atmosphere is misplaced, focusing on the most energy-wasteful, expensive methods!

This new “goldrush” is partly the consequence of a new subsidy in the new US tax law that gives $50 per ton to coal-power plants and $30 per ton for the new methods and start-ups that capture CO2 net. from the atmosphere….driven by special interests.

We detail this investment shift needed and some of the investor groups, e.g. FAIRR (with $5 trillion AUM) with their new Index of the risky meat-producing and selling companies which may become stranded assets, as protein from plants and vegetarianism takes over. See our Green Transition Scoreboard® 2018 “Capturing CO2 While Improving Human Nutrition and Health”.

This may be the year for carbon capture technology. A small plant in Texas is transforming fuel production as we know it, proving that it may not be necessary to have a separate plant to capture carbon during fuel production. But will it work on a global scale?